Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Catalyst Pharmaceuticals Inc before investing.

In this article, we go over a few key elements for understanding Catalyst Pharmaceuticals Inc’s stock price such as:

• Catalyst Pharmaceuticals Inc’s current stock price and volume
• Why Catalyst Pharmaceuticals Inc’s stock price changed recently
• Upgrades and downgrades for CPRX from analysts
• CPRX’s stock price momentum as measured by its relative strength

About Catalyst Pharmaceuticals Inc (CPRX)

Before we jump into Catalyst Pharmaceuticals Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Catalyst Pharmaceuticals, Inc. is a commercial-stage biopharmaceutical company. The Company is focused on in-licensing, developing, and commercializing novel medicines for patients living with rare diseases. With the patient focus, the Company is engaged in developing a robust pipeline of cutting-edge, medicines for rare diseases. The Company's New Drug Application for FIRDAPSE (amifampridine) tablets 10 milligrams (mg) for the treatment of adults with Lambert-Eaton myasthenic syndrome (LEMS). The Company's FIRDAPSE is commercially available in the United States as a treatment for adults with LEMS. The Company also has FYCOMPA (perampanel) CIII, a prescription medicine approved in people with epilepsy aged four and older alone or with other medicines to treat partial-onset seizures with or without secondarily generalized seizures and with other medicines to treat primary generalized tonic-clonic seizures for people with epilepsy aged 12 and older.

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Catalyst Pharmaceuticals Inc’s Stock Price as of Market Close

As of December 05, 2023, 4:00 PM, CST, Catalyst Pharmaceuticals Inc’s stock price was $14.25.

Catalyst Pharmaceuticals Inc is down 5.38% from its previous closing price of $15.06.

During the last market session, Catalyst Pharmaceuticals Inc’s stock traded between $14.63 and $15.08. Currently, there are 106.57 million shares of Catalyst Pharmaceuticals Inc stock available for purchase.

Catalyst Pharmaceuticals Inc’s price-earnings (P/E) ratio is currently at 28.7, which is high compared to the Pharmaceuticals industry median of 27.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Catalyst Pharmaceuticals Inc Stock Price History

Catalyst Pharmaceuticals Inc’s (CPRX) price is currently down 1.25% so far this month.

During the month of December, Catalyst Pharmaceuticals Inc’s stock price has reached a high of $15.08 and a low of $14.05.

Over the last year, Catalyst Pharmaceuticals Inc has hit prices as high as $22.11 and as low as $11.09. Year to date, Catalyst Pharmaceuticals Inc’s stock is up 110.49%.

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What Caused Catalyst Pharmaceuticals Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of December 04, 2023, there were 4 analysts who downgraded Catalyst Pharmaceuticals Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Catalyst Pharmaceuticals Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Catalyst Pharmaceuticals Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Catalyst Pharmaceuticals Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Catalyst Pharmaceuticals Inc (CPRX) by visiting AAII Stock Evaluator.

Relative Price Strength of Catalyst Pharmaceuticals Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of December 04, 2023, Catalyst Pharmaceuticals Inc has a weighted four-quarter relative price strength of -1.11%, which translates to a Momentum Score of 61 and is considered to be Strong.

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Catalyst Pharmaceuticals Inc Stock Price: Bottom Line

As of December 5, 2023, Catalyst Pharmaceuticals Inc’s stock price is $14.25, which is down 5.38% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Catalyst Pharmaceuticals Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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